Financial Accounts of the United States - Z.1
L.217 Total Mortgages (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 16042.3 | 16780.7 | 16175.9 | 16324.8 | 16552.2 | 16780.7 | 16962.3 | 17270.9 | 17598.8 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 11187.0 | 11652.7 | 11252.1 | 11337.2 | 11504.4 | 11652.7 | 11785.2 | 12025.2 | 12271.1 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1622.6 | 1755.1 | 1644.3 | 1678.0 | 1709.2 | 1755.1 | 1784.6 | 1810.6 | 1838.2 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 2964.8 | 3081.2 | 3005.7 | 3029.8 | 3052.9 | 3081.2 | 3099.7 | 3141.3 | 3194.5 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 267.9 | 291.7 | 273.8 | 279.7 | 285.7 | 291.7 | 292.8 | 293.9 | 295.0 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 16042.3 | 16780.7 | 16175.9 | 16324.8 | 16552.2 | 16780.7 | 16962.3 | 17270.9 | 17598.8 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 10740.1 | 11180.1 | 10800.9 | 10882.4 | 11040.7 | 11180.1 | 11303.0 | 11527.8 | 11758.2 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 5077.9 | 5374.0 | 5149.9 | 5218.7 | 5285.6 | 5374.0 | 5438.5 | 5524.0 | 5630.3 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 679.0 | 725.4 | 687.1 | 698.6 | 708.3 | 725.4 | 738.7 | 767.6 | 805.3 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4398.9 | 4648.6 | 4462.8 | 4520.1 | 4577.3 | 4648.6 | 4699.8 | 4756.4 | 4825.0 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Equity real estate investment trusts; total mortgages; liability | FL123165005 | 224.3 | 226.6 | 225.1 | 223.8 | 225.8 | 226.6 | 220.8 | 219.2 | 210.2 | 12 |
| All sectors; total mortgages; asset | FL893065005 | 16042.3 | 16780.7 | 16175.9 | 16324.8 | 16552.2 | 16780.7 | 16962.3 | 17270.9 | 17598.8 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 82.1 | 83.6 | 82.6 | 82.6 | 83.2 | 83.6 | 82.6 | 81.0 | 79.5 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 36.4 | 38.8 | 37.0 | 37.6 | 38.2 | 38.8 | 39.4 | 40.0 | 40.6 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 51.7 | 56.0 | 53.4 | 55.5 | 56.1 | 56.0 | 57.5 | 57.7 | 59.0 | 16 |
| Federal government; total mortgages; asset | FL313065005 | 123.8 | 127.2 | 125.3 | 126.7 | 125.7 | 127.2 | 128.2 | 129.5 | 131.5 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2.5 | 2.3 | 2.4 | 2.4 | 2.3 | 2.3 | 2.2 | 2.1 | 2.0 | 18 |
| Federal government; total mortgages Federal Farmers Home Administration (FmHA), excluding one-to-four-family residential mortgages held by the Federal Financing Bank; asset (2) | FL313065075 | 105.8 | 108.3 | 107.4 | 108.7 | 107.3 | 108.3 | 109.0 | 109.4 | 110.3 | 19 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 15.5 | 16.6 | 15.5 | 15.6 | 16.0 | 16.6 | 17.1 | 18.0 | 19.2 | 20 |
| Federal government; total mortgages held by FDIC; asset | FL313065065 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| Federal government; total mortgages held by Federal Financing Bank, Public Housing Administration (PHA), RTC, and VA; asset (3) | FL313065095 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| State and local governments; total mortgages; asset | FL213065005 | 256.5 | 261.7 | 253.1 | 256.3 | 259.5 | 261.7 | 263.6 | 264.6 | 265.1 | 23 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5654.9 | 5741.4 | 5704.3 | 5738.6 | 5766.7 | 5741.4 | 5705.6 | 5751.6 | 5841.8 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 4987.4 | 5027.5 | 5020.5 | 5040.3 | 5057.0 | 5027.5 | 4990.0 | 5019.9 | 5094.0 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 80.4 | 81.0 | 82.6 | 82.0 | 81.5 | 81.0 | 80.4 | 81.4 | 83.8 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 22.6 | 22.9 | 22.5 | 23.0 | 23.1 | 22.9 | 21.8 | 21.3 | 21.2 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 564.5 | 610.1 | 578.7 | 593.4 | 605.2 | 610.1 | 613.4 | 629.0 | 642.8 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 22.9 | 24.3 | 23.6 | 23.7 | 23.5 | 24.3 | 24.3 | 25.5 | 26.5 | 29 |
| Life insurance companies; total mortgages; asset | FL543065005 | 619.2 | 644.7 | 626.6 | 630.9 | 632.6 | 644.7 | 646.0 | 655.5 | 669.6 | 30 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.2 | 17.8 | 21.5 | 20.3 | 19.0 | 17.8 | 17.4 | 16.4 | 15.6 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 8.4 | 7.8 | 8.9 | 8.1 | 8.4 | 7.8 | 7.6 | 8.3 | 8.3 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 5510.7 | 6142.5 | 5567.1 | 5705.8 | 5891.3 | 6142.5 | 6352.5 | 6560.3 | 6736.7 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3300.0 | 3589.9 | 3330.7 | 3417.8 | 3493.7 | 3589.9 | 3675.0 | 3782.6 | 3833.2 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 1993.3 | 2328.0 | 2014.8 | 2063.4 | 2173.7 | 2328.0 | 2453.0 | 2550.9 | 2673.4 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 139.6 | 154.6 | 141.3 | 145.3 | 149.1 | 154.6 | 157.8 | 162.5 | 166.0 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 72.4 | 62.8 | 74.5 | 72.9 | 67.9 | 62.8 | 59.4 | 56.5 | 56.1 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 5.4 | 7.3 | 5.8 | 6.5 | 6.8 | 7.3 | 7.3 | 7.8 | 8.1 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2406.0 | 2428.3 | 2429.8 | 2417.6 | 2428.4 | 2428.3 | 2431.4 | 2459.6 | 2474.7 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2117.6 | 2103.4 | 2138.8 | 2125.6 | 2117.7 | 2103.4 | 2095.0 | 2112.3 | 2125.6 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 281.0 | 318.7 | 284.1 | 285.6 | 304.3 | 318.7 | 330.3 | 341.4 | 343.4 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 6.4 | 5.3 | 5.8 | 5.3 | 5.4 | 5.3 | 5.2 | 5.0 | 4.8 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.1 | 0.9 | 1.1 | 1.0 | 1.0 | 0.9 | 0.8 | 0.9 | 0.9 | 43 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Federal Farmers Home Administration (FmHA) pool, excluding one-to-four-family residential mortgages held by the Federal Financing Bank; asset (2) | FL413065035 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 44 |
| Issuers of asset-backed securities; total mortgages; asset | FL673065005 | 855.5 | 837.4 | 876.7 | 861.5 | 851.6 | 837.4 | 831.8 | 832.1 | 841.9 | 45 |
| Finance companies; total mortgages; asset | FL613065000 | 117.2 | 110.0 | 115.3 | 111.8 | 107.9 | 110.0 | 108.6 | 107.0 | 105.7 | 46 |
| Real estate investment trusts; total mortgages; asset | FL643065005 | 273.9 | 259.2 | 250.8 | 247.9 | 260.1 | 259.2 | 265.7 | 281.7 | 302.3 | 47 |
NOTES
- Sum of one-to-four-family residential mortgages (table L.218), multifamily residential mortgages (table L.219), commercial mortgages (table L.220), and farm mortgages (table L.221).
- FmHA-guaranteed securities sold to the Federal Financing Bank were reallocated from FmHA mortgage pools to FmHA mortgage holdings in 1986:Q4 because of accounting changes by the Farmers Home Administration.
- Other includes Department of Veterans Affairs, Federal Financing Bank, Public Housing Administration, and Resolution Trust Corporation.
Last Update: December 9, 2021